Blockchain, the UK based provider of cryptocurrency wallets and services, has reported reaching a milestone of 25 million wallets this week, according to Yahoo Finance. Much of the growth has been in the US, where the company has rolled out bitcoin sales in recent months. Blockchain Registers 25 Millionth Crypto Wallet The significance of the […]
Financial services giant Mastercard has won a patent for a system that uses blockchain technology to authenticate coupons. The patent, granted by the US Patent & Trademark Office (USPTO) on May 31, outlines a way for merchants to cut down on coupon fraud and more effectively issue targeted discounts to specific customers. The company first applied […]
The Canadian Province of Québec’s ban on the sale of electricity to cryptocurrency miners has been lifted, with a new decree expected to be put into place to monitor the sale of electricity to miners, according to sources. Hydro-Québec’s Mandate In a report from the Le Journal De Montreal, sources suggest the move to lift the moratorium […]
The IOTA price (MIOTA) surged past other coins’ average daily gains for the day, climbing 17% over its Wednesday level. The project released the beta version of the Trinity Wallet on May 29 and has kept the price momentum since then, as CCN reported. Currently, the IOTA price sits at $1.77. Since May 28 and the […]
Seattle-based cryptocurrency exchange Bittrex Inc. has established a formal agreement with Signature Bank in New York to allow corporate clients in specific states to purchase virtual tokens using USD. The move is designed to increase the amount of institutional capital making its way through the crypto space. Chief executive officer of Bittrex Bill Shihara says […]
A patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of coupons.
Huobi, the third largest crypto exchange by 24-hour trading volume, is reportedly setting up an office in Brazil. According to reports in Portal du Bitcoin, representatives of Huobi were seen distributing business cards during Bitconf, a major cryptocurrency conference held in São Paulo, Brazil, on May 5-6, 2018. The Singapore-based exchange has yet to make […]
An IMF official believes central banks need to offer “better” fiat currencies in order to fend off potential competition from cryptocurrencies.
After days of sudden, strong selling, bitcoin has managed to find a local bottom in the low $7000s where it has been drifting around aimlessly. As many traders on Twitter have noted, we have formed a large consolidation pattern called a symmetrical triangle (outlined in red): Figure 1: BTC USD, 1-Day Candles, Macro Symmetrical Triangle […]
Vermont’s governor has signed a bill allowing for the creation of so-called “blockchain-based limited liability corporations,” public records show.